Pratt Family Foundation Inc

Organization Overview

Pratt Family Foundation Inc is located in Oak Ridge, NC. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pratt Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Pratt Family Foundation Inc generated $308.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $255.3k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Pratt Family Foundation Inc has awarded 118 individual grants totaling $1,365,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $12
Dividends & Interest $74,859
Net Rental Income$0
Net Gain on Sale of Assets $232,901
Capital Gain Net Income $233,537
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,046
Total Revenue $308,818

Grants Awarded

Over the last fiscal year, Pratt Family Foundation Inc has awarded $209,400 in support to 18 organizations.

Grant RecipientAmount

DUKE UNIVERSITY MEDICAL CENTER

PURPOSE: GENERAL PURPOSE GRANT

$50,000

SALVATION ARMY BOYS GIRLS

PURPOSE: GENERAL PURPOSE GRANT

$25,000

OAK RIDGE MILITARY ACADEMY

PURPOSE: GENERAL PURPOSE GRANT

$25,000

MERCY AND GRACE MINISTRIES

Org PageRecipient Profile

Jamestown, NC

PURPOSE: GENERAL PURPOSE GRANT

$23,500

MOJI COFFEE AND MORE

Org PageRecipient Profile

Winston Salem, NC

PURPOSE: GENERAL PURPOSE GRANT

$20,000

FAIRVIEW ELEMENTARY SCHOOL

PURPOSE: GENERAL PURPOSE GRANT

$15,000
View Grant Profile

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